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Nov 16, 2012
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the congressional budget office predicts a first half recession next year if the economy goes over the cliff. bowles tells maria why he thinks there hasn't been a recession. >> the guys that are running for office worship that great god of re-election and haven't focused on what's right for the country. >> the average rate on a 30 year lone has dropped to 3.34%. that's the lowest since 1971. >>> federal officials are investigating whether fedex and u.p.s. aided and abetted illegal drug sales from online pharmacies. both companies deny any wrongdoing. >>> mcdonald's u.s. chief is stepping down due to unusually poor fast food sales. >>> thousands of united aurls pass injuries were stranded thursday thanks to their third major computer glitch since june. >>> a new survey says 86% of americans are buckling up today. that's a rise over last year. >>> hostess is set to announce its next step this morning after threatening to close up shop if striking workers didn't return last night. >> luke skywalker and princess leia have earned a spot in the national toy hall of fame. and frito lay is jac
the congressional budget office predicts a first half recession next year if the economy goes over the cliff. bowles tells maria why he thinks there hasn't been a recession. >> the guys that are running for office worship that great god of re-election and haven't focused on what's right for the country. >> the average rate on a 30 year lone has dropped to 3.34%. that's the lowest since 1971. >>> federal officials are investigating whether fedex and u.p.s. aided and abetted...
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Nov 11, 2012
11/12
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CSPAN2
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into the perfect storm of economic crisis of 2008 which made commodity prices higher and depressed economies even more. even such things as the wikileaks, and the the lifestyle while the rest of the population is suffering, and the syrian regime didn't understand the new circumstances and reacted in the way that the outside, both father and son, react when there's a mess. they clamp down on it. a convulsive push button response that isn't given a heck of a lot of response in terms of what to do. everyone was saying, let's implement large-scale significant political reforms along a pluralist model, that was not given too much consideration in the beginning. >> so you had very high hopes for the young leader, and actually he and his wife formed this alliance and the profile they showed to the west was modernist, pro west, ready for change. you had a lot of hope and that changed. where did that hope come from and how did it change? >> i wrote a book in 2005, published by the same praise, called the new lion of dam do -- damascus, and i thought this might be a new leader that would change the sy
into the perfect storm of economic crisis of 2008 which made commodity prices higher and depressed economies even more. even such things as the wikileaks, and the the lifestyle while the rest of the population is suffering, and the syrian regime didn't understand the new circumstances and reacted in the way that the outside, both father and son, react when there's a mess. they clamp down on it. a convulsive push button response that isn't given a heck of a lot of response in terms of what to...
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Nov 15, 2012
11/12
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CNN
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roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. >>> time now for the ridiculous. dude, maybe getting that mitt romney tattoo on your face wasn't the best idea you ever had. he got the tattoo before the election. but now after mitt romney's defeat, he ha no regrets. >> i had it tattooed because it was something i believe in. i love it. i would do it all overen in a heartbeat. >> eric put some of his face up forbid on ebay and said he would get whatever the highest bidder would get. then he approached the local republican in his town. t the party candidate stepped up and said hey, i'll give you 15 g's and do something tasteful. >> yes, he did say 15 good's. somebody paid that guy $15,000 to get that. how much would you get for your face tattoo. nothing right? >> not e
roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. >>> time now for the ridiculous. dude, maybe getting that mitt romney tattoo on your face wasn't the best idea you ever had. he...
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Nov 16, 2012
11/12
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FBC
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for millionaires and the -- not help the economy. will hurt the economy. is foolish policy. we will try to get big tax reform to do someone's rates in 2013. you ran on this and won the election and we don't have the ability to stop you. we will at least tell the middle class got to $1 million but i don't think republicans can win the fight on millionaires. is there a risk on raising taxes more on millionaires or everyone else? shore. republicans should fight that and make it clear, but they are not championing this or voting for it. they just vote for preventing taxes from going up on the middle-class but i don't believe they have the leverage to win this fight. i which they did. dagen: do you think we will ultimately get tax reform? when i talk about tax reform i go back to the people who don't pay any federal income tax and making sure most americans pay at least something just to fund our national defense which if you're not paying federal income tax you are not doing. is that a tough sell? do you think ultimately we could get that done? >> we could. i don't think either
for millionaires and the -- not help the economy. will hurt the economy. is foolish policy. we will try to get big tax reform to do someone's rates in 2013. you ran on this and won the election and we don't have the ability to stop you. we will at least tell the middle class got to $1 million but i don't think republicans can win the fight on millionaires. is there a risk on raising taxes more on millionaires or everyone else? shore. republicans should fight that and make it clear, but they are...
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Nov 16, 2012
11/12
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FOXNEWSW
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> shep: i'm shepard smith. this is the fox report. it's the bottom of the hour. time for the top of thedrums ofn israel. the israelis preparing for what may become a ground invasion in gaza as fighters on both sides continue exchanging fire today. the situation in this volatile corner of the world growing more fragile by the hour. already there have been innocent victims on both sides. a rocket killed three people today when it slammed into their apartment building in the south of israel. in the gaza, officials say the violence killed eight civilians, including four children. and a woman who was pregnant with twins. that number has grown to 16. a u.s. state department spokesman puts the blame squarely on the military lea
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> shep: i'm shepard smith. this is the fox report. it's the bottom of the hour. time for the top of thedrums ofn israel. the israelis preparing for what...
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Nov 14, 2012
11/12
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CNBC
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the market and the economy very much need for this fiscal cliff to be averted. then i also think that next year we need the grand bargain. i think there is a tremendous opportunity to accelerate the growth rate in america if we get a sound fiscal policy that's around the issues of the grand bargain. >> speaking of bargain, steve fold buying you guys for $775 million. i don't know whether you'd say that's a bargain or not, but is that representative of what we're going to see going forward in financial services deals? >> we think there's going to be more consolidation. kbw's research department has been speaking about that. we think our deal is a wonderful opportunity to make both of our companies stronger and we're very excited about it. >> tom, we'll see what the president says at 1:30. be well. >>> coming up at the top of the hour, our special report -- "rise above." focusing on the fiscal cliff and the drive for a solution to the fiscal cliff. >>> then at 1:30, of course we're going to cover the president's news conference live so stay tuned to cnbc. >>> but
the market and the economy very much need for this fiscal cliff to be averted. then i also think that next year we need the grand bargain. i think there is a tremendous opportunity to accelerate the growth rate in america if we get a sound fiscal policy that's around the issues of the grand bargain. >> speaking of bargain, steve fold buying you guys for $775 million. i don't know whether you'd say that's a bargain or not, but is that representative of what we're going to see going forward...
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Nov 16, 2012
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it is a mixed economy. it is an economy that has one of the freest private sectors in the world and has allowed entrepreneurs to come up with great products to make our lives better. also, we have an important public sector role to pllay. two inventions that came from government that i am sure you like. the internet, yes. darpa is a government agency that funded the initial project that we now know as the internet. that was the government. when president clinton ordered that we sequenced the human genome, that has led to medical discoveries that have helped to benefit life. what about the interstate highway under eisenhower? government as well. i think the difficulty that we are having is that you think we live in a pure plays a fair economy. you are also making the mistake saying that someone like me is advocating for no private sector role which is certainly support. i used to own my own law forfir. but we need a mixed economy. there are things that we do together. we are trying to find the right mix. acc
it is a mixed economy. it is an economy that has one of the freest private sectors in the world and has allowed entrepreneurs to come up with great products to make our lives better. also, we have an important public sector role to pllay. two inventions that came from government that i am sure you like. the internet, yes. darpa is a government agency that funded the initial project that we now know as the internet. that was the government. when president clinton ordered that we sequenced the...
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Nov 15, 2012
11/12
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it's jobs and the economy. do you know, larry, there are 2.3 million hispanic small business owners in this country, roughly one in ten hispanic households is a small business owner. and yet republicans did a lousy job making the case that the obama policies are killing small business and destroying jobs. we've got to do a better job. >> look, i worked for president reagan, jack kemp was a mentor of mine. george w. bush did very well, former governor of texas, obviously, former president bush. i mean, the gop, it needs an inclusive message. it needs a welcoming message, it seems to me. it needs to stop even hinting that we're going to deport 12 million or 15 million people. we heard all that in the last election, and it was a killer for the republican party. >> there is no doubt that our rhetoric hurts us. i think most americans agree in broad outlines on immigration that we, number one, need to get serious about securing our borders and stopping illegal immigration. but number two, we should remain a nation th
it's jobs and the economy. do you know, larry, there are 2.3 million hispanic small business owners in this country, roughly one in ten hispanic households is a small business owner. and yet republicans did a lousy job making the case that the obama policies are killing small business and destroying jobs. we've got to do a better job. >> look, i worked for president reagan, jack kemp was a mentor of mine. george w. bush did very well, former governor of texas, obviously, former president...
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Nov 16, 2012
11/12
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WMAR
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confidence of the markets and most importantly, the confidence of the consumers, returns to infuse our economy with demand, which creates jobs. >> and we will see more of nancy pelosi and martha when martha sits in for george stephanopoulos sunday morning, hosting "this week." >>> and tonight, a town in west texas is grieving. it was supposed to be a celebration of veterans but that turned into a tragedy when the freight train smashed into a parade float. the parade float was stuck on the tracks in midland, texas, and then a screen described as a war zone, when heroes of war became heroes once again. army veterans pushing their wives to safe tip as the train roared towards them. but four of those veterans were on the float as the train hit, lost their lives and, today, federal investigators are still trying to sort out why this happened. >>> and coming up here, after the break, on "world news," is it the end of the twinkie? is hostess getting ready to sell its secret recipe? and what is inside that white goo you may have never realized. [ male announcer ] it's simple physics... a body at rest
confidence of the markets and most importantly, the confidence of the consumers, returns to infuse our economy with demand, which creates jobs. >> and we will see more of nancy pelosi and martha when martha sits in for george stephanopoulos sunday morning, hosting "this week." >>> and tonight, a town in west texas is grieving. it was supposed to be a celebration of veterans but that turned into a tragedy when the freight train smashed into a parade float. the parade...
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Nov 16, 2012
11/12
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MSNBC
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the congressional budget office predicts a first half recession next year if the economy goes over that cliff. debt commission co-chair erskine bowles tells maria bartiromo why he thinks there hasn't been a recession yet. >> the guys that are running for office worship that great god of re-election and haven't been focused, i believe, on what's right for the country. >> the average rate on a 30-year loan has dropped to 3.34%. that's the lowest since 1971. the average 15-year fixed rate hit a new low of its own. >>> federal officials are investigating whether fedex and ups aided and abetted illegal drug sales from online pharmacies. both companies deny any wrongdoing. >>> mcdonald's u.s. chief is stepping down due to unusually poor fast food sales. >>> thousands of united airlines passengers were stranded thursday thanks to the airline's third major computer glitch since june. >>> a new survey says 86% of americans are buckling up nowadays. that's up over 2% from last year. >>> hostess is set to announce its next step this morning after threatening to close up shop if striking workers di
the congressional budget office predicts a first half recession next year if the economy goes over that cliff. debt commission co-chair erskine bowles tells maria bartiromo why he thinks there hasn't been a recession yet. >> the guys that are running for office worship that great god of re-election and haven't been focused, i believe, on what's right for the country. >> the average rate on a 30-year loan has dropped to 3.34%. that's the lowest since 1971. the average 15-year fixed...
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and the heightened urgency that we see among officials iran's economy is significantly in trouble its currency is constantly losing ground in the western sanctions that you have referred to are clearly taking their toll on iran what happens if iran economy is ruined i mean that is something that you know no one has spoken about that's an unknown how does that factor in to the current geo political situation those who. who hoped that iran's government can still be persuaded to freeze its nuclear program and obey the demands of the un security council and the p five plus one i think the only way they will do that is if they feel enough economic pain and as you mentioned the startling collapse of the currency even in the recent weeks and the drop by almost half in iran's crude oil exports and the real problems iran is having with its international linkages are financing exports and imports and so forth this is starting to have an impact and officials from israel to london to washington would prefer that this approach work and i think as we see signs that iran's economy is cracking furthe
and the heightened urgency that we see among officials iran's economy is significantly in trouble its currency is constantly losing ground in the western sanctions that you have referred to are clearly taking their toll on iran what happens if iran economy is ruined i mean that is something that you know no one has spoken about that's an unknown how does that factor in to the current geo political situation those who. who hoped that iran's government can still be persuaded to freeze its nuclear...
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which proved to be crippling for the iranian economy the goal is not to change the iranian government's decision making it's actually leverage ordinary civilians against the iranian government and to threaten to topple the government by inciting you know food riots or you know people who are on happy because they can you know their grandparents are dying and can't get medicine and on friday despite president obama's claims the u.s. should move away from the cold war thinking in relations with russia the white house launched its first permanent military presence on polish soil the issue has been a constant sword in the side of relations between moscow and washington as the u.s. also plans to install missile interceptors in poland but the president every other democrat that i'm aware of is also made it clear that if we leave russia is still opposed to it still sees it as as if we're just going to go ahead anyway the president's actions so far have shown while he may be talking soft he's acting tough looking at all is president obama's first moves after reelection one could say he picks th
which proved to be crippling for the iranian economy the goal is not to change the iranian government's decision making it's actually leverage ordinary civilians against the iranian government and to threaten to topple the government by inciting you know food riots or you know people who are on happy because they can you know their grandparents are dying and can't get medicine and on friday despite president obama's claims the u.s. should move away from the cold war thinking in relations with...
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Nov 15, 2012
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again, a huge economy. in fact, the last large economy, large economy to actually become a member of the w.t.o. and that's a good thing. it's a good thing because vladimir putin is not a good guy. it's a good thing, mr. speaker, because we are going to not only with the w.t.o., but also with the provisions that have been included in this measure, calling on the united states trade representative, calling on the state department, calling on other entities to focus on things like intellectual property violations, negotiations, sanitary and agreements, the information technology agreement, the government procurement agreement. there are a wide range of provisions in here that will force russia to live with a structure that it does not have today and will not have until we take this very important action. one of the reasons i have been such a strong proponent of this action has to do with a name and it's not a name we are going to be talking about a minute. the name is mikheil kordicofsky. he was jailed, seven
again, a huge economy. in fact, the last large economy, large economy to actually become a member of the w.t.o. and that's a good thing. it's a good thing because vladimir putin is not a good guy. it's a good thing, mr. speaker, because we are going to not only with the w.t.o., but also with the provisions that have been included in this measure, calling on the united states trade representative, calling on the state department, calling on other entities to focus on things like intellectual...
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Nov 15, 2012
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WETA
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our economy can't afford that right now. certainly no middle-class family can afford that right now. >> reporter: mr. obama signed legislation extending the bush- era tax cuts two years ago, including those affecting the wealthy, but he said today things are different this time. >> well, two years ago, the economy was in a different situation. we were still very much in the early parts of recovering from the worst economic crisis since the great depression. but what i said at the time is what i meant, which is this was a one-time proposition. and you know, what i have told leaders privately as well as publicly is that we cannot afford to extend the bush tax cuts for the wealthy. what we can do is make sure that middle-class taxes don't go up. mandate, i've got one mandate. i've got a mandate to help middle-class families and families that are working hard to try to get into the middle class. that's my mandate. that's what the american people said. they said, "work really hard to help us." that's my mandate. i don't presume t
our economy can't afford that right now. certainly no middle-class family can afford that right now. >> reporter: mr. obama signed legislation extending the bush- era tax cuts two years ago, including those affecting the wealthy, but he said today things are different this time. >> well, two years ago, the economy was in a different situation. we were still very much in the early parts of recovering from the worst economic crisis since the great depression. but what i said at the...
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Nov 14, 2012
11/12
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economy. he has not been wedded to every detail of that plan. i will not negotiate hypothetical details. i was side speaker banner and say i am not in the position of boxing ourselves and others. he looks forward to the meeting with leaders in congress. and as clear principles fam belief that we can reach a compromise is comparable. it would allow us to address the fiscal cliff challenges in the economic and fiscal challenges we face as a nation. >> is he just taking principles then? will he have any concrete to put on the table? negotiators have to know each other halfway. does congress have to meet him halfway? >> i appreciate the projection that he does not have a plan he is bringing to the table. it is the most specific plan there is. it has been on the table for some time. that is what he believes the right approach. he is not wedded to every detail. there is a challenge chair. for anyone who put forward alternative approaches to prove that the numbers add up. one thing we know about the
economy. he has not been wedded to every detail of that plan. i will not negotiate hypothetical details. i was side speaker banner and say i am not in the position of boxing ourselves and others. he looks forward to the meeting with leaders in congress. and as clear principles fam belief that we can reach a compromise is comparable. it would allow us to address the fiscal cliff challenges in the economic and fiscal challenges we face as a nation. >> is he just taking principles then? will...
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then united states economy unlike the united states where not going to impose more than. all philosophy is that we have built up a largely successful or more that which is working for us but i think if this more there is a really successful impact go well beyond the china support the united states should not worry that much china's rise being a lot of opportunities for the united states as well. well meanwhile the country is also looking to soar to the heavens next summer if you want on to our web site r t dot com you can learn more about china's manned space mission which is set for takeoff this june. also for you there trigger happy president obama's reelection prompts americans to stock up on guns and ammo you can find out why on live. well while the libyan town of bani walid is still struggling to heal the scars of the siege which took place less than one month ago libya is touting itself as a new travel hotspot or to sarah for a visit at the world travel market in london in order to find out why the tour operators are remaining silent on that tragedy we're here at th
then united states economy unlike the united states where not going to impose more than. all philosophy is that we have built up a largely successful or more that which is working for us but i think if this more there is a really successful impact go well beyond the china support the united states should not worry that much china's rise being a lot of opportunities for the united states as well. well meanwhile the country is also looking to soar to the heavens next summer if you want on to our...
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Nov 16, 2012
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WTTG
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that our economy will remain strong. that we're creating jobs. >> reporter: the fiscal cliff is a combination of tax cuts that expire at the end of the year, and spending cuts that kick in on day one of next year. >> to show our seriousness, we have put revenue on the table. as long as it's a companied by significant spending cuts. >> reporter: the automatic spending cuts total $1.2 trillion in two years, half of the defense spending. >> without exception believe we're in the dilemma we're in because we tax too little but because we spend too much. >> reporter: on taxes, president obama wants rates increased on those making more than $250,000, while republicans have previously insisted that that is a non- starter. if there is no deal, income tax rates increase 3 to 5% across all tax brackets. if the payroll tax holiday ends, the social security tax rate goes back to 6.2%, an additional $1,000 for someone making about $50,000 a year. >> we're both going to have to give up some of the things that we know are a problem. >>
that our economy will remain strong. that we're creating jobs. >> reporter: the fiscal cliff is a combination of tax cuts that expire at the end of the year, and spending cuts that kick in on day one of next year. >> to show our seriousness, we have put revenue on the table. as long as it's a companied by significant spending cuts. >> reporter: the automatic spending cuts total $1.2 trillion in two years, half of the defense spending. >> without exception believe we're...
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ten years from now and the world you are largely called the united states economy. well north to impose more. all of the laws of we have been largely successful mordieu which is working for us but i think if this more there is really a success its impact will go well beyond the chinese border. should not worry that much in china's rise being a lot of opportunities for the united states as well. meanwhile the country is also looking to rise above the stratosphere of this summer long gone or he dot com to learn more about china's manned space mission for takeoff. trigger happy president obama's reelection promise. american stock up on guns and ammunition find out why on line. while the libyan town bani walid is still struggling to heal the scars of the siege which took place less than a month ago libya's touting itself as a new travel hotspot r.t. sarah first visited the world travel market and london to find out why tour operators remain silent on the tragedy we're here at the world travel market a trade show you taking place in london or people can come to look for
ten years from now and the world you are largely called the united states economy. well north to impose more. all of the laws of we have been largely successful mordieu which is working for us but i think if this more there is really a success its impact will go well beyond the chinese border. should not worry that much in china's rise being a lot of opportunities for the united states as well. meanwhile the country is also looking to rise above the stratosphere of this summer long gone or he...
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Nov 16, 2012
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KCSM
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in the netherlands, the economy contracted in the third quarter. one reason is more and more consumers are cutting back on their spending, fearing tough times ahead. another reason is that businesses are also scaling back. manufacturers also anticipate weaker demand from struggling eurozone partners. >> news of the recession did not pull down the market drastically. our correspondence sent us this report from the frankfurt stock exchange. >> of course it is bad news that the economy and the eurozone slipped into recession, but still, traders managed to find a few positive aspects in the reports. in italy, the contraction was much smaller than what economists had anticipated. france against the odds managed to produceive gross domestic product. this means, for germany, the possibility remains intact that our economy during the current quarter remains in positive territory as well. the biggest-loser shares this thursday were shares of lufthansa. the negotiated pay increase for the cabin crew threatens the cost-cutting targets of the airline, somethin
in the netherlands, the economy contracted in the third quarter. one reason is more and more consumers are cutting back on their spending, fearing tough times ahead. another reason is that businesses are also scaling back. manufacturers also anticipate weaker demand from struggling eurozone partners. >> news of the recession did not pull down the market drastically. our correspondence sent us this report from the frankfurt stock exchange. >> of course it is bad news that the economy...
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find out what's really happening to the global economy cause a report on r.g.p. . would be soon which brightened if you knew about sun from feinstein. who finds time time t.v. . when i was on your bush show in this show we trace the wars obama faces in the next four years coming up an exclusive interview with a rock a leg obama. war with iran has already started and your textbook guide how not to invade a foreign country. as a bomb of draws but to the white house for a second wales the president for a tough interview on his foreign policy but he chose an easier ride from the mainstream media so we'll use a little bit. you promised change we can believe did tell us about your achievements. i've sent troops to afghanistan. record numbers of army suicides and defections. doctors say they've never seen such horrific injuries from improvised explosive devices i think that's unbelievable. you won the nobel peace prize that puts you in superstar company that's right kissinger one while he was secretly shelling gamba this year's winner the european union illegally bombed l
find out what's really happening to the global economy cause a report on r.g.p. . would be soon which brightened if you knew about sun from feinstein. who finds time time t.v. . when i was on your bush show in this show we trace the wars obama faces in the next four years coming up an exclusive interview with a rock a leg obama. war with iran has already started and your textbook guide how not to invade a foreign country. as a bomb of draws but to the white house for a second wales the...
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KRCB
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. >>> whoever forms japan's next government will inherit an economy in need of a serious reboost. ramin joins us now. where is this report coming from? >> this is the government's own monthly report. it really highlights the impact of falling exports in japan which japan relies so heavily on. government analysts downgrade eir assessment of the japanese economy for the fourth straight month. japan's exports were sluggish as shipments remain stagnant. this is due to a global economic slowdown. this is due to falling sales after government subsidy for car buyers came to an end. turning to the economic outlook support says movements are expected to continue for the time being. let's check on the markets. the dollar is keeping a firm tone against the yen. it almost hit a seven-month high of 81.46 in the overseas market. euro general 1037.67 to 272. let's turn to stocks. the weaker yen is definitely spurring orders on export related issues. tokyo share prices have been trading higher extending gains. 8,957 up 127 points. almost one and a half percent from thursday's close. let's have a
. >>> whoever forms japan's next government will inherit an economy in need of a serious reboost. ramin joins us now. where is this report coming from? >> this is the government's own monthly report. it really highlights the impact of falling exports in japan which japan relies so heavily on. government analysts downgrade eir assessment of the japanese economy for the fourth straight month. japan's exports were sluggish as shipments remain stagnant. this is due to a global...
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Nov 12, 2012
11/12
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KCSMMHZ
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at the press conference, she sang in the praise of the prime minister's efforts to reform the economy. >> i think the prospects have a markedly improved as a result of the reform program and the government's bold actions. >> many in portugal have lost faith in european leaders. antagonism towards the heads of the german and portuguese governments has reached new heights. >> the way they treat us is a joke. he is no more than merkel's puppet and what they're doing is just wrong. the sacrifices we are being asked to make our a reasonable. "she is just one of many voices calling on them to live within their means but many face an uncertain future with increasing poverty levels and they are determined to resist any more economic pain. >> as we just saw, the portuguese austerity measures are not very popular. we asked our correspondence much and she had today to convince the portuguese of the need for continued austerity. >> she said she is here to see firsthand how the process is going on. her colleague told her about the process and of course she was already a winner of the statistics sh
at the press conference, she sang in the praise of the prime minister's efforts to reform the economy. >> i think the prospects have a markedly improved as a result of the reform program and the government's bold actions. >> many in portugal have lost faith in european leaders. antagonism towards the heads of the german and portuguese governments has reached new heights. >> the way they treat us is a joke. he is no more than merkel's puppet and what they're doing is just...
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find out what's really happening to the global economy. there are no holds barred look at the global financial headlines two kinds a report. looks well to the. slaves technology innovation all the latest developments from around russia we've. covered. but. just. this.
find out what's really happening to the global economy. there are no holds barred look at the global financial headlines two kinds a report. looks well to the. slaves technology innovation all the latest developments from around russia we've. covered. but. just. this.
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Nov 13, 2012
11/12
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t economy moves further, japan will be back in a technical recession, defined as two consecutive quarters of reacon >> returning now to the top story, in your top finance ministers meeting in brussels to discussegree to bailouts. we're joined now with more from our brussels correspondent. ys it taking so long or eu finance ministers to agree on releasing the next tranche of funds f greece? >> the terms of the deal have to be renegotiated. the troika as recommended more time to take up paying off the debt of some of the more time ans more money. now there are intense discussions going on among the people who will have to come up with that money and the proper ways that, unless the group comes up with a sustainable road map to talk about hate they will have financing in greece, the ecb is not willing to step in and help out with temporary mechanisms unless the ecb steps in, we all know that it looks really bad for greece this week. >> , having trouble with the draft agreement being discussed in brussels and including the idea that greece should be given an extra two years to meet debt reduc
t economy moves further, japan will be back in a technical recession, defined as two consecutive quarters of reacon >> returning now to the top story, in your top finance ministers meeting in brussels to discussegree to bailouts. we're joined now with more from our brussels correspondent. ys it taking so long or eu finance ministers to agree on releasing the next tranche of funds f greece? >> the terms of the deal have to be renegotiated. the troika as recommended more time to take...
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the palestinians in this long places so we control the country we control the water we control the economy and the palestinians are enthused to leave the first. is really not a good reason for the subtle security bill them to claim the less. you do still want to be sure i will use for sphere of gold the injury to so instant is for you do need to haul a speed alcohol stands for secure. israel the ball is for the floor under the tiger i'll sit inside what. you. just get a no go for the most of. all you the only thing that will be left here is hatred if. you think that's funny. hates soldiers you find out funny moments because. it's good there's nothing it does. and it doesn't care revokable reaction because it almost as united states bonds. they were taken out of their houses they were going out on the street there killing down. there and not letting them have food water or electricity or anything like that. it just puts them in the worst circumstances every step his identity and took his country and took everything from them what do you expect from them of course he's going to pull himself
the palestinians in this long places so we control the country we control the water we control the economy and the palestinians are enthused to leave the first. is really not a good reason for the subtle security bill them to claim the less. you do still want to be sure i will use for sphere of gold the injury to so instant is for you do need to haul a speed alcohol stands for secure. israel the ball is for the floor under the tiger i'll sit inside what. you. just get a no go for the most of....
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Nov 16, 2012
11/12
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even if a deal is reached, will it take a recession to get our economy back on track? that's what one leading economist says. alan greenspan talks to our ali velshi. that's next. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. [ male announcer ] you build a reputation by not breaking down. consider the silverado 1500 -- still the most dependable, longest-lasting full-size pickups on the road. and now we've also been recognized for lowest total cost of ownership -- based on important things, like depreciation, fuel, and maintenance costs. and now trade up to get a 2012 chevy silverado all-star edition with a total value of $9,000. from outstanding value to standing the test of time, chevy runs deep. >>> it is game on for fiscal cliff talks. president obama and congressional leaders met today to kick start face to face negotiatio
even if a deal is reached, will it take a recession to get our economy back on track? that's what one leading economist says. alan greenspan talks to our ali velshi. that's next. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. [ male announcer ] you...
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Nov 9, 2012
11/12
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KRCB
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the head of china's central bank knows how connected the global economy is. he said it would have an impact well beyond the borders of the united states. >> translator: many drins are concerned about the possible effects of a fiscal cliff. the global economy faces a number of uncertainties which are making it hard to judge china's economic forecast for next year. >> some indicators are rebounding and the economy is stabilizing. >> the nikkei is down over 1% from thursday's close around 101 points. investors selling stocks. that's after the dow jones suffered more than 120 points. investors concerned about the u.s. fiscal cliff issue. let's switch to currency as well. let's have a look at the currency levels now. 79.50 to 51. euro 101.30. a possible delay in greece receiving financial aid. let's have a look at some of the regions indexes as well. sou south korea's kospi is trading down. toyota motor executives are boosting vehicles. it's said to become the production center. toyota president made the announcement in bangkok during the 50th anniversary ceremoni
the head of china's central bank knows how connected the global economy is. he said it would have an impact well beyond the borders of the united states. >> translator: many drins are concerned about the possible effects of a fiscal cliff. the global economy faces a number of uncertainties which are making it hard to judge china's economic forecast for next year. >> some indicators are rebounding and the economy is stabilizing. >> the nikkei is down over 1% from thursday's...
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i think they honestly believe and i agree that raising tax rates on capital gains will hurt the economy. but there's another side which is the spending side and there are some republicans who say look if the democrats and president obama won't negotiate well let's just do these automatic across the board spending cuts may be the only way we can get democrats to cut the budget. >> some out there in the financial markets they say look we need to cut four times more than the president is proposing under his $4 trillion plan. i'm curious your take why the president has been silent. i guess this is strategic. boehner gave an interview a press conference. he's giving a press conference tomorrow. earlier cnn was told the president won't say anything but tonight we heard he'll make a statement tomorrow. >> the election was two days ago. today is thursday. he'll make a statement tomorrow. markets are volatile and reacting. that's why the president wants to say something before he goes asia. we do need to hold down spending. no question. nobody is suggesting that this compromise is not going to i
i think they honestly believe and i agree that raising tax rates on capital gains will hurt the economy. but there's another side which is the spending side and there are some republicans who say look if the democrats and president obama won't negotiate well let's just do these automatic across the board spending cuts may be the only way we can get democrats to cut the budget. >> some out there in the financial markets they say look we need to cut four times more than the president is...
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Nov 16, 2012
11/12
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KQED
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those two major economies could struggle to keep up the momentum. greece has been in recession since 2007. the combination of that and the austerity program provoking protests. a german diplomat was jostled as workers amassed outside a meeting of the german and greek officials. the euro zone economic downturn will not do anything to ease tensions. >> after a week of secret talks and closed-door meetings, china has finally unveiled its new leader to the world. the current vice-president, xi jinping, will take the helm of the communist party for the next 10 years. he succeeds hu jintao. from beijing, the report. >> welcome to the dawn of a new chinese era. the xi jinping era. a new leader and a new team in charge. these seven men are now going to roll over one-fifth of humidity -- humanity. we do not know very much about them. what they will do for china's future. the communist party's new general secretary, more confident, more relaxed. >> the problems among our party members, corruption, taking bribes, being out of touch with the people. it must be
those two major economies could struggle to keep up the momentum. greece has been in recession since 2007. the combination of that and the austerity program provoking protests. a german diplomat was jostled as workers amassed outside a meeting of the german and greek officials. the euro zone economic downturn will not do anything to ease tensions. >> after a week of secret talks and closed-door meetings, china has finally unveiled its new leader to the world. the current vice-president,...
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Nov 16, 2012
11/12
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FOXNEWS
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that is what we need to get the economy going. >>neil: your colleagues are circulating a letter which they say hands off medicaid and medicare and social security. they are off the table. that is a huge chunk of our spending and getting to be a bigger chunk, how do you feel about that? >>guest: two things. you can't solve the problem, the deficit problem, without addressing entitlement reform. that is number one. number two, look, if you say we are not going to affect people who are 55 and old are but this will only make bipartisan changes for people who are under 55, everyone is on board, both republicans and democrats. >>neil: what did you think of that letter that went beyond what was stated in the past going into the talks that everyone would be on the table and if they took it off the table, obviously you have your work cut out. >>guest: you cannot take things off the table. we need to get the big deal done with everything on the table with all the elements i have described. >>neil: thank you, senator. now democratic congress
that is what we need to get the economy going. >>neil: your colleagues are circulating a letter which they say hands off medicaid and medicare and social security. they are off the table. that is a huge chunk of our spending and getting to be a bigger chunk, how do you feel about that? >>guest: two things. you can't solve the problem, the deficit problem, without addressing entitlement reform. that is number one. number two, look, if you say we are not going to affect people who are...
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Nov 15, 2012
11/12
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CNN
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roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. ♪ [ camera clicks ] ♪ it's hard to resist the craveable nature of a nature valley sweet & salty nut bar. it's hard to resist the craveable nature if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. [ gordon ] for some this line is a convenience. how you doing today? i'm good thanks. how are you? i'm good. [ gordon ] but for others, it's all they can afford. every day nearly nine million older americans don't have enough to eat. anything else? no, not today. join me, aarp, and aarp foundation in the drive to end hunger by visiting drivetoendhunger.org. >>> i'm susan hendricks with a 360 bulletin. >>> mi
roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. ♪ [ camera clicks ] ♪ it's hard to resist the craveable nature of a nature valley sweet & salty nut bar. it's hard to resist the craveable nature if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ......
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Nov 15, 2012
11/12
by
CNBC
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yes, the nation's largest economy is finally bottoming. that's at least according to the california legislative analysts office, which says the golden state could actually move from deficits to surpluses in two years. but voters just passed a tax hike, which will make the richest californians the highest taxed in the land and democrats now hold a super majority in sacramento. so, here at the milking cow here in california, i asked mike milken, and ueberroth says you've got to be aggressive. milken says you have a lot of research resources. you have the beach and yosemite, and it's not all about taxes. >> i think i'm in the 60% tax bracket, i figure, between federal and state. it's something i have to deal with and figure out how to operate more effectively. >> is that fair? >> i think what's the question is fair. i think as long as you have tubt r opportunity, the number one issue i don't believe is the level of taxes, it's are you business friendly. can you open? can you be responsive to business? >> private sector jobs must stay here. we
yes, the nation's largest economy is finally bottoming. that's at least according to the california legislative analysts office, which says the golden state could actually move from deficits to surpluses in two years. but voters just passed a tax hike, which will make the richest californians the highest taxed in the land and democrats now hold a super majority in sacramento. so, here at the milking cow here in california, i asked mike milken, and ueberroth says you've got to be aggressive....
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Nov 9, 2012
11/12
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CSPAN2
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the economy. at the same time, we must encourage support and guided development of the nonpublic sector and ensure the economic entities under all forms of ownership have equal access to factors of production in accordance with the law to compete on a level playing field and are protected by the law of equal. we should improve and accelerate the reform is a fiscal and taxation system. we should deeply reform the financial system, improve supervision cinema slate from the financial innovation from ensure financial stability. second, implement a strategy for innovation driven development. scientific and technological innovation provide strategic support for raising productive forces and the overall national strength. we must give it top priority over national development. we should powerpad civic innovation to catch up with global advances. we should increase capacities for making original innovation integrated for making photo innovation on the basis of observing advances and oversee science and te
the economy. at the same time, we must encourage support and guided development of the nonpublic sector and ensure the economic entities under all forms of ownership have equal access to factors of production in accordance with the law to compete on a level playing field and are protected by the law of equal. we should improve and accelerate the reform is a fiscal and taxation system. we should deeply reform the financial system, improve supervision cinema slate from the financial innovation...
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Nov 10, 2012
11/12
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CSPAN2
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you kill it, you kill the economy. it's just moving forward. that adds a dimension of power to the public that is going to force itself on to the poll ticks of every country and every government no matter the differences among them. >> certainly when you think about tunisia and egypt, two of the most connected societies in the middle east from a media standpoint, it's not surprising that started there, but what about yemen? one of the lesser connected societies in the middle east. >> well, -- >> do you want to -- >> no, go ahead. >> first of all, yes , -- yemen, surprisingly is well-connected. what surprised me out there for a conference, limited internet, and i was using still aol, you know, the dial-up aolu called using the regular telephone lines, and they had a local number for aol to dial up to. it's more connected than you think. you know, more, but, you know, i say that because i think when you get, you know, there is something called an arab uprising or arab awakening or arab empowerment, not just country to country. yes, it started in
you kill it, you kill the economy. it's just moving forward. that adds a dimension of power to the public that is going to force itself on to the poll ticks of every country and every government no matter the differences among them. >> certainly when you think about tunisia and egypt, two of the most connected societies in the middle east from a media standpoint, it's not surprising that started there, but what about yemen? one of the lesser connected societies in the middle east....